| Page | |||
|---|---|---|---|
| Trustees' report |
1-5 | ||
| Independent Examiner's |
Report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Statement ofcash flows | |||
| Notes to the financial | statements | 10-15 |
| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| f | ||||||
| Income | ||||||
| Investment income |
52,377 | 64,666 | ||||
| Expenditure | ||||||
| Costs ofgenerating | funds | |||||
| Investment management costs |
10,347 | 10,253 | ||||
| Expen&liture on charitable |
activities | |||||
| Donations to charities | and | related | expenses | 16,948 | 31,523 | |
| Total expenditure | 27,295 | 41,776 | ||||
| Net income and net | movements | in funds | ||||
| before gains and (losses) on investments | 25,082 | 22,890 | ||||
| Net gains/(losses) on |
investments | 393,513 | (219,607) | |||
| Net movement in funds |
418,595 | (196,717) | ||||
| Reconciliation offunds |
||||||
| Total funds brought | fomvard | 1,647,853 | 1,844,570 | |||
| Total funds carried | forsvard | 2,066,448 | 1,647,853 |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Net cash used in operating | activities | (32,214) | (46,796) | ||
| Cash flows from investing | activities | ||||
| investment income |
52,377 | 64,666 | |||
| Net purchases ofinvestments | (20,138) | (5,094) | |||
| Net cash provided by investing |
activities | 32,239 | 59,572 | ||
| Change in cash in the year | 25 | 12,776 | |||
| Cash brought forward |
86,033 | 73,257 | |||
| Cash carried forward | 86,058 | 86,033 |
| The trustees all give fieely their |
The trustees all give fieely their |
The trustees all give fieely their |
time | and | expertise | ivithout | ivithout | any foun ofremuneration | any foun ofremuneration | any foun ofremuneration | or other | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| benefit in cash or kind (2020: Knit). a tnistee, provided accountancy and |
In the year Hughes administration sets |
Collett, a finn controlled by F.H. Hughes, ices to the trust in the sum off3,600 |
||||||||||
| (2020-f3,600). | ||||||||||||
| 3. | Investment income |
|||||||||||
| 2021 | 2020f | |||||||||||
| Dividends and unit trust |
distributions | 48,136 | 60,901 | |||||||||
| Fixed interest income | 4,241 | 3,585 | ||||||||||
| Bank interest | 180 | |||||||||||
| 52,377 | 64,666 | |||||||||||
| 4. | Analysis ofexpenditure | on charitable | activities | |||||||||
| 2021 | 2020 | |||||||||||
| Donations made in the year (note 9) |
12,000 | 26,475 | ||||||||||
| Governance costs: |
||||||||||||
| Accountancy &administration |
3,600 | 3,600 | ||||||||||
| Independent examiner's |
fees | 1,320 | 1,320 | |||||||||
| Bank charges | 28 | 128 | ||||||||||
| 16,948 | 31,523 | |||||||||||
| 5. | Fixe&1 asset investments | |||||||||||
| Movement in fixed asset listed |
investiuents | |||||||||||
| Unrestricted | Unrestricted | |||||||||||
| funds | funds | |||||||||||
| 2021 | 2020 | |||||||||||
| Market value at 1 April |
2020 | 1,570,403 | 1,784,916 | |||||||||
| Additions at cost |
267,923 | 229,423 | ||||||||||
| Disposals at carrying value |
(234,878) | (223,289) | ||||||||||
| Net unrealised gains/(losses) |
in | the | year | 380,606 | (220,647) | |||||||
| Market value at 31March 2021 | 1,984,054 | 1,570,403 | ||||||||||
| Net cash invested in investments |
in the year: | |||||||||||
| 2021 | 2020 | |||||||||||
| Disposal proceeds | 247,785 | 224,329 | ||||||||||
| Additions at cost |
(267,923) | (229,423) | ||||||||||
| Net cash investc&l | (20,138) | (5,094) |
| Net gains on investments: | Net gains on investments: | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Net realised gains | on disposals | in the year | 12,907 | 1,040 | |
| Net unrealised gains/(losses) |
in | the year | 380,606 | (220,647) | |
| Net (losses)/gains | on investments | 393,513 | (219,607) | ||
| Listed investments | 2021 | 2020 | |||
| Stocks and shares | 1,834,158 | 1,446,146 | |||
| Fixed Interest | 149,896 | 124,257 | |||
| 1,984,054 | 1,570,403 |
| 6. | Debtors | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Accrued investment |
income | 1,256 | 1,337 | |||
| 7. | Creditors —Amounts | falling due within | one year | |||
| 2021 | 2020 | |||||
| Accrued donation | 5,000 | |||||
| Accrued administrative | expenses | 4,920 | 4,920 | |||
| 4,920 | 9,920 |
| 2021 | 2020f | ||
|---|---|---|---|
| Net movement in |
funds | 418,595 | (196,717) |
| Deduct investment | income | (52,377) | (64,666) |
| Deduct (gains)/add | losses on investments | (393,513) | 219,607 |
| Decrease/(increase) | in debtors | 81 | (20) |
| Decrease in creditors | (5,000) | (5,000) | |
| (32,214) | (46,796) |
| the objecti | ves ofth | e charity, as follows:- | ||||
|---|---|---|---|---|---|---|
| Donee | Purpose | 2021 | 2020 t'. |
|||
| Medical Detection | Dogs | Early detection of diseases |
2,500 | |||
| Minstead Trust |
Support for those with learning difficulties |
2,500 | ||||
| To fund research into | ||||||
| Prostate Cancer UK | prostate cancer and provide support to those |
2,500 | ||||
| affected | ||||||
| RNLI | Maritime rescue |
1,500 | 1,000 | |||
| Hampshire | & Isle | ofWight Air Ambulance | Transport for medical emergencies |
1,000 | 1,000 | |
| Mary's Meals | Provision ofschool meals |
1,000 | ||||
| Waterm iII |
Theatre | Nurturing theatre and the performing arts |
1,000 | |||
| Training doctors to | save | |||||
| David Nott Foundation | victims ofconflict & | 5,000 | ||||
| natural disaster |
||||||
| WWF Australian Bushfire Appeal |
Wildlife rescue & rehabilitation |
5,000 | ||||
| Cancer Research UK | Cancer research | 3,000 | ||||
| Elmbridge | CAN | Community suppoit refugees |
for | 3,000 | ||
| Headivay | Surrey | Brain injuiy rehabilitation &support |
3,000 | |||
| Timberline | Ministries | Religious education | 1,265 | |||
| Environmental | ||||||
| Homeward | Bound | leadership program |
for | 1,2]0 | ||
| wolnell | ||||||
| Improving survival |
rates | |||||
| Pancreatic | Cancer | Action | through early cancer |
1,000 | ||
| detection |